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. >>steve: monster energy drinks will no longer be required to tell the feds about the number of people getting sick from it. we want to know why. is there something we don't know? dr. marc siegel next. first jay leno. >> heard about this new coffee on the market. it has 200 times more caffeine than regular coffee. 200 times. we have some of it here. it's called tweaker's it's called tweaker's choice. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. do we hano.a mower? a trimmer? no. we got nothing. we just bought our first house, we're on a budget. we're not ready for spring. well let's get you ready. very nice. you see these various colors. we got workshops every saturday. yes, maybe a little bit over here. this spring, take on more lawn for less. not bad for our first spring. more saving. more doing. that's the power
the latest moves in energy. >> there say lot of momentum here in the energy market and we're looking at brent crude prices that have risen from a three-month low and it looks like the gains that we're seeing in the oil market are mirroring what they're seeing in terms of the rebound in the euro and what we're seeing in the equity markets as well. the cyprus fears seemed to ease quite a bit. we'll continue to watch what will happen in the u.s. supply front when we do get the eia report on inventories out at 10:30 eastern time and we're also watching what's happening in the gold market because that will be susceptible to whatever move the fed will make and many traders anticipating to keep doing what they're doing and gold holding steady here and still above the 1600 level. the key, of course, will be breaking above the 1610 for the settlement and they keep saying that is what is needed to give the bulls the momentum to take gold prices much higher. back to you! sharon epperson for us. a technology company is making its wall street debut today. we're waiting for model n to begin trading and aft
trading. the sell-off comes after finding energy drinks may affect blood pressure and the heart's rhythm. this research was presented at an american heart association meeting. that report found an increase in 3.5 points increase in systolic increased pressure. have you ever had one? >> no. i've had red bull, though. >> never of any kind? >> i've never drank jolt cola. there was a kid who drank a bunch of them in college and ran around the news room and fell asleep under his desk. >> that's self-medicating. dourmz no-doz? >> i do. >> do you remember the feeling -- >> i never took them. but all those things scared me because you crash afterwards. >> and you don't feel good. i can't imagine a concentrated dose of caffeine. >> how much cups of coffee is in those things? five or something? >> i don't know. >> boost posted better than expected results. and the company said its outlook for price sess improving. >> are you dreaming of a white easter? >> no. but we might get snow on monday. >> because another major storm, i'm looking at it, is coming in up in oregon. >> at the beginning of next w
into the red but closed the week higher. prices rose more than 1% a week after the energy information administration reported a smaller than expected decline in last week's u.s. inventories. >>> oil pushing higher today to post its third weekly gain in a row. crude ending the trading day up 1.4% at $93.71 a barrel. shibani: we'll tackle these markets now. we have tim mulholland in the pits of the cme. after acampora, at altera wealth management. jim dunn began of pnc wealth management vice president. let he is start with tim. cyprus was the word of the day today. how did it fare down in the pits of the cme and what are you preparing for later on in the weekend? into when you came in you saw italian bond, spanish bonds, yields declining. that indicated optimism there would be some agreement. 11th hour agreement on monday. despite the markets take more of a sort of a yawn with cyprus as opposed what we saw with greece and last year with the concerns of spain and italy. if it were spain and italy it would be a little different. the market has some optimism as you can tell you about the p
when banks reopen on thursday. a russian energy company is looking to cash in on the gas problem is offering to bail out cyprus in exchange for the rights to explore for natural gas there. >> a stunning new report on mammograms this morning. researchers saying 60% of abnormal mammograms turn out not to be cancer and false positives can lead to unnecessary biopsies or even surgery. this is taking a serious mental toll on some patients. women who received a false positive report anxiety and depression three years after learning they're cancer-free. >>> don't even look at this. one week after mayor bloomberg lost his fight to ban big sodas, now he wants to ban the display of all tobacco products in stores. business owners would have to keep cigarettes under the counter or behind a curtain. this would make new york city the only city in this nation to do so. >> those are your headlines. >>steve: keep them in a brown paper wrapper. now we've got a story for you about a real political hacker. he's referred to -- or she is referred to as goose-ifer and has hacked into the friends accoun
. financials led the decline all day long, but in the afternoon selling picked up in energy stocks, materials, consumer discretionaries. if you're watching oil prices this morning, you'll see at least at this point they are down by 16 cents, 93.58. the ten-year notoriety now is yielding 1.942%. let's take a look at the dollar this morning. you'll see it stronger against through at 1 is.2933. the dollar/yen is 95.35. the dollar up across theed board, except weaker against the pound right now. gold price ves barely budged a little weaker, down 2.60. $1,602 an ounce. >> it's now time for the global markets report. we're going to go across the pond to see kelly evans too give us an update on what the heck is going on over there. wa is going on over there? >> i can tell you, it's called plan b. if markets didn't like plan a, there might not be much to like the plan a. it's the cypriots that won't like this. it appears from reuters reviewing copy of a parliamentary draft, what the company is now going to do is try to exempt depositors with less than 20,000 in the bank entirely to those under 100,00
there are warnings about a caffeinated beverage sold in cans. why one woman is on a crusade against energy drinks. >> get your prop. diana, later this half-hour we have our brackets filled out. do you have yours? huh? huh? the ncaa tournament starts today. we will tell you about the games that are a must-see tv. >> that's right. first we do have to got to this -- >> the fatal shooting that brought tears to a governor's eyes, who killed the head of colorado's prison system. >> someone rang the prison chief's doorbell, opened fire and killed him on the spot. as the search continues for the murderer, security is beefed up all around the state. here is abc's clayton sandel. >> reporter: in this quiet rural neighborhood outside denver, a killer came calling. tom clemmons at home with his wife went to answer the front door and was suddenly shot in the chest. the shooter fled into the night. >> somebody rang the doorbell, her husband answered and was shot. >> reporter: 58-year-old clemens, the director of colorado's prison system was killed. with a massive manhunt under way the only clue, a dark car see
with a personal energy that hasn't been seen in that role in decades. >>> fighting alzheimer's. a stunning new look at just how many americans have been stricken and the new way doctors are combatting the effects with a kind of pacemaker for your brain. >>> and the new warning from nasa about something we right now can't do anything about. the asteroids they call city killers in the asteroid business. "nightly news" begins now. >>> good evening. an explosion lit up the desert in nevada. the kind of thing we see in a war zone. it is why they train there for deployment in war zones, but this was stateside training. something went wrong at the hawthorne army depot not far from the california border. in the end, seven american families got the worst possible news. seven u.s. marines killed in a mortar accident. others were wounded. the investigation obviously under way now into what went wrong. nbc's miguel almaguer is with us from the scene tonight. miguel, good evening. >> reporter: brian, good evening. the hawthorne army depot has been used for decades to store ammunition and train special forc
has got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> cloudy to mostly cloudy. still some light rain. temperatures in the 50s. if we can get a few sunbreaks, it could feel muggy. it looks like this afternoon rain will be ending. >>> the top u.s. military commander in europe says several nato countries are working on contingency plans for possible military action to end the two-year civil war in syria. but the commander says a resolution from the u.n. security council and agreement among nato's 28 members will be required before taking a military role in syria. the commander tells us the senate committee that he believes providing military assistance to the opposition would be helpful in bringing an end to the war. syria's main opposition group is demanding a full investigation into an alleged chemical weapons attack
our lawmakers have in d.c. look, we have no energy plan. our education system drops in world rankings, we have no jobs plan. we have no plan. we don't even have a budget and yet, these guys are still filling things with pork to get reelected. if you're in private practice and you take money supposed to go to some project and you build a fence around your house, whether that fence is good, makes your house look better and whether your neighbors like it, it's stealing and that's exactly what these guys are doing, it's called pork and it's stealing and shows the character of our congress and it shows why our country is so screwed up. >> brenda: well, gary b, what about digging private wealth for private property owners? what's going on? >> well, i tell you what, brenda, on the one hand we have 85% of americans think there should be a balanced budget. it is in ourlood. i mean, every household tries to balance their budget and some do it better than others and it's certainly a goal and on everyone's mind. i disagree with john with one thing. the he's kind of implying it's the fault of the
. ♪ ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ ♪ >>> cloudy to mostly cloudy. still some light rain. temperatures in the 50s. if we can get a few sunbreaks, it could feel muggy. it looks like this afternoon rain will be ending. >>> the top u.s. military commander in europe says several nato countries are working on contingency plans for possible military action to end the two-year civil war in syria. but the commander says a resolution from the u.n. security council and agreement among nato's 28 members will be required before taking a military role in syria. the commander tells us the senate committee that he believes providing military assistance to the opposition would be helpful in bringing an end to the war. syria's main opposition group is demanding a full investigation into an alleged chemical weapons
of the day though. you look at data out of the energy information agency saying for first time since 1995we're producing more oil in this country than we're importing and we are continuing on this path because of recent technology that we're finally producing more than we're bringing in. maybe we become less dependent on this region for oil. does that mean in your opinion our policy, our buness in the region in terms of stablizing it, o responsibility, does it change? >> well it could well. i would add natural gas production although it would be largely used in the western hemisphere because oil is a global market and if we're producing more not only for our own consumption here but to be able to tell so friends and allies being less depend enon oil pumped from states that don't have our best interests at heart that will not only have a significant economic impact, it will have a geostrategic impact as well. all to the good from the perspective of the united states and its friends. melissa: ambassador bolton, thanks so much for coming on. >> great to with be with you. melissa: next on "mone
-cute kangaroos. barrow island has got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ [ticking] >> as of late 2012, the justice department had not prosecuted any countrywide financial executive, despite the allegations of widespread mortgage fraud inside the company. and, as steve kroft reported, in december 2011, even more puzzling, was the justice department's reluctance to employ one of its most powerful legal weapons against anyone in the company. it's called the sarbanes-oxley act of 2002. [applause] >> it was overwhelmingly passed by congress and signed by president bush following the last big round of corporate scandals involving enron, tyco, and worldcom. it was supposed to restore confidence in american corporations and financial markets. the sarbanes-oxley act imposed strict rules for corporate governance, requiring chief exe
criticized for being general, not specific. we're pressing him. he has three golden rules for energy. specific ideas. we're going to press him. what's the name of the show? 2:00 eastern. >> closing bell. >> the h lead variety hour. >> fast money is at 5:00 p.m. eastern time. it goes fast because it's so enjoyable. >> we'll see you on street signs. >> thank you. >>> if you're just joining us, good morning. this is cnbc. here's what you may have missed if you're just tuning in. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> the biggest threat that we're facing in the future is we still have 25 million people underemployed or unemployed. >> february starts the seasonalized, annualized adjusted rate. >> 7500 aircraft ordered this morning. all boeing 757. i think it's a good news day for boeing. >> i don't want to lose sight of the fact that people make money in the market. i don't want to get caught in an obsession with cypress while people make money in the market because then i'm not doing my job. there is a job to be done. would you rather see
. they could be a energy superpower if they got their act together and russia certainly wants a piece of that action. melissa: yeah. steve, as i watch the story, should we say to our elves, hey, russia has 50 billion in deposits there. they should be the ones bailing them out. they get all the advantage of cyprus. they should put their money where their mouth is? or should we say the opposite, it is dangerous they have this relationship in this strong hold and their hooks there and have a military presence there? should we use this as opportunity to brick them up from cyprus? what do you think is the right way to look at it? >> i don't think the united states should be involved virtually at all. this is matter for europe. the real question it will be russia or whether the e.u. by the way the e.u. should have bigger national security concerns than we do whether russia gets a foothold in cyprus. my attitude, melissa, the united states should sit back and watch this play out. i wouldn't be surprised --, look the europeans have a lot more to lose, if cyprus goes under that risks a contami
in the green, best buy as well as consol energy. laggards, helmeritch & paine. and finally. in the nasdaq. intuitive surgical. analysts saying upside potential outweighs downside risk over the next month months. back to you. >> thanks, josh. >>> we're heading toward the close. about 50 minutes left here. let's see if the markets will turn positive and finish that way for the day. right now the dow is down 23 points zblrjts coming up, we talk with former treasury secretary larry summers. he'll tell us what's worrying him about the bailout in cyprus. >>> the dogs of the dow strategy worked again, so far. last year's worst performer is its best now. hewlett-packard helping the dow weather the storm from europe. get this. the once beleaguered stock is this year's best performer. up 60% just this year. we'll talk about whether hp can stay red hot coming up. >>> noted banking analyst meredith whitney sees a tremendous buying opportunity in one big bank. we'll want to talk about bank of america, jpmorgan. which one does she like? stick around to find out when we speak to her exclusively at 4:10
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about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>brian: remember when tebowing was the big craze? >>steve: sure. >>brian: that's long good. forget about eastwooding and talking to an empty chair. the latest craze, the tale of liberty pose, this is a photo over the weekend. you can see it looks strikingly similar to lady liberty. >>steve: except the big gulp isn't welcoming immigrants into new york harbor. >>brian: the palin pose trending on-line and leading to a late-night craze for groups looking to strike that pose. we'll see where that goes. that's allowed. bloomberg would okay that. >>ainsley: good morning to you. if you're just waking up, 6:32 on the east coast. a few headlines. a pennsylvania community is mourning the loss of a beloved coach and her unborn child killed in a bus crash. [singing] >>ainsley: hundreds gathering on sunday for a memorial service at seton hill university. members of the woman's lacrosse team wore uniforms and laid flowers in memory of their head co
owner, if you throw in the high cost of obamacare, high cost of energy, advertising, the cost of doing business, those margins have shrunk dramatically. as she references about paying $4 for a hamburger at mcdonald's, those margins have shrunk so much it would close some of those businesses. >>steve: in yesterday larry sabater wrote an op-ed where he's going to do his best to win for the democrats. but larry did analysis that the democrats have a better shot at losing the senate than gaining the house. >> i heard that. we like scott brown but we don't want mitch mcconnell running the senate. i anticipate that happening again. that number they need to take over the senate is higher now. the bottom line is i think both parties need a makeover because there is extremes. you saw what harry reid was saying today about the military. >>steve: crazy talk. >> it is not unusual. he's driving the agenda. if people are happy with the way things are going, keep everybody in there. if not, get in there and make a difference. >>steve: do you think it's helpful that prince rebus in the r.n.c. said we'
. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ ...it's my job to look after it. the words are going this way-there's no way. oh, the lights came on. isn't technology supposed to make life easier? at chase we're pioneering innovations that make banking simple. deposit a check with a photo. pay someone with an email. and bank seamlessly with our award-winning mobile app. take a step forward... and chase what matters. >>> some patchy low clouds. mostly sunny in the morning. cooler by the coast. increasing high clouds later today leading to rain tomorrow. >>> all right, steve. 7:13. in indiana two people died, their private jet crashed into a house near the south bend regional airport. two other passengers and one other person on the ground was hurt. the plane was flying from tulsa when it hit three houses and got stuck in one of them. >> all
in is confirming that an electrical relay device malfunctioned. the company supplying the energy says crews installed the device to prevent a power failure, but obviously that didn't happen. >> getting a chance to meet one of the team's biggest stars in hayward tonight. stefan curry will appear at the sports store at 7:00 tonight. this season the warriors are expected to make the playoffs for the first time since 2007. >> time now, 7:21. it's time to make those plans for the weekend. look outside. there's your morning. here comes the sun. ktvu's bill martin is here. he'll tell you whether this nice weather will continue. >> public workers are finding out what consequences they will face after keeping something valuable they found while on the clock. >>> good morning. if you're driving on 237 you're going to see crowding. it's better than it normally is. we'll tell you more about the traffic and weather, coming up. three city workers will not face charges after they sold gold jewelry while cleaning out sewers. they sold them to the modesto gold, jewelry, and coin store for 2500 bucks. now, p
energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ ♪ hello. hello? the words are going this way-there's no way. oh, the lights came on. isn't technology supposed to make life easier? at chase we're pioneering innovations that make banking simple. deposit a check with a photo. pay someone with an email. and bank seamlessly with our award-winning mobile app. take a step forward... and chase what matters. >>> some patchy low clouds. mostly sunny in the morning. cooler by the coast. increasing high clouds later today leading to rain tomorrow. >>> all right, steve. 7:13. in indiana two people died, their private jet crashed into a house near the south bend regional airport. two other passengers and one other person on the ground was hurt. the plane was flying from tulsa when it hit three houses and got stuck in one of them. >> all of a sudden, sputtering
well off of our lows and now we're only down 72 and the financials are weak and energy stocks and some of the materials are down 1%. all of the gold stocks are to the upside. you know, i asked around saturday and said why did they go after the deposits so much and apparently the answer i got from people who watch this stuff was that was all there was to go after and there was not a lot else they could seize in any way easily and with all of this said, can i just take the other side of this about not protesting too much? there were plenty of one-off taxes in europe. the italians have been screaming for months about this. they had a whole new bunch of taxes on their financial assets and some of capital gains and not all on deposits and there were a lot of one-off taxes in europe reese leent and will we have some kind of bank run? there have been safety programs in the last two years put into effect and they have the bond-buying program and the ecb, able to buy cheap loans and the ltro program and we have emergency assistance. this greatly reduces the chance that there will be a big bank
nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. campbell's. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. nlove. as americanswe believeold we can'tin freedom.pern we that's what i fought for as a marine, and that's what we believe in as republicans. freedom means freedom for everyone. i didn't use to understand the importance of same-sex marriage, but after learning my brother was gay i wanted the same rights for him. he was the best man at my wedding and i want to be the best man at his. it's only fair that calvin should have the freedom to marry the person he loves, too. it's time for marriage. >> bret: all this week we are looking at the tenth anniversary of the u.s. invation of iraq. public opinion whether the world is safer because of it remained virtually
...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. campbell's. i'my body doesn't work the way it used to. past mprime? i'm a victim of a slowing metabolism? i don't think so. new great grains protein blend. protein from natural ingredients like seeds and nuts. it helps support a healthy metabolism. new great grains protein blend. >>brian: secretary of state john kerry making a surprise visit this weekend to baghdad. it's been a little more than a year since president obama ended war in iraq bringing the u.s. troops home. with little influence left in that war-torn country trying to rebuild the secretary is having trouble urging iraq's leaders to stop aiding iran and allowing the overflights of iran, what we believe to be weapons, ammunitions over to syria. the iranians are using iraqi airspace to make that happen. john kerry wants it to stop. how did he do? joining me now a man who fought in that war, c.e.o. of concerned veterans for america, pete hegseth. how much leverage does the skraeufrt have? >>
for energy. russia is in the power position right now. don't accept that guy's resignation. >> we've got to leave it there. thank you very much. good to see you. >> good to see you. >> let's go to josh lipton for a quick market flash. >> juniper is down. goldman sachs does not like what it sees. sysco and alcatel loosening. price target, 17 bucks. sue, back to you. >> josh, as you know, cyprus is putting europe's crisis back in the spotlight. how much does our exposure here have over there? kayla tausche has more. >> exactly where their exposure to europe lays. we'll tell you about that. >> announcer: you can trust us. our account is now verified. from now on you'll see the verified badge next to our user name power lunch. keep in touch, america. the fed survey sponsored by norfolk southern. (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. redesigned site has this new score planner tool with these cool sliders. this one lets us know what happens if we get new credit cards. oh. this one here lets us know what happens i
little cyprus is not going to be able to keep all this wonderful energy, it is too hot of a commodity. a lot of deals made. neil: we shall see, thank you very were. i just know that. this is getting old, and europeans will say, it ain't worth it. >> remember chris farley, and patrick swayze as strippers, one of the funniest saturday night live sketches ever. now, think health budget, and senate budget. see, i can have a neat parallel, not identit identical. chris and pat made me laugh, but fact that senate and house has a budget, i am telling you, it is giving me hope. you cado just that. with our visionary cloud infrastructuture, global broadband network andc, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. neil: night and day, mutt and jeff, tom and jerry, wi wile e coyotes and the road runner, you get it. the senate does not go after entitlements. the house does, and house largely leaves defense alone, senate does not, without sounding like opening of the odd couple how can different budget authors ge
are technology, industrials, energy, from a thematic basis, discipline value and dividend growth. not yield, but dividend growth. >> great to see you. brian, adam, thank you. thanks for your thoughts today. we're coming back with the closing countdown. stick around. we'll find out whether the dow and s&p can remain positive or whether we have this three-day sell-off. >> then the ceo of software maker adobe systems will be with me breaking down his company's earnings, before he speaks to analysts. you're watching the "closing bell" on cnbc, first in business worldwide. investor. yeah, i'm a serious investor but i'm a busy guy. it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk incl
to say? ♪ barrow island has got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> all right. welcome >>> all right. welcome back, everybody. first up, last week, president obama told a tv interviewer he didn't have immediate debt crisis. or we in america don't have an immediate debt crisis. and this weekend speaker boehner said basically the same thing. >> we do not have an immediate debt crisis. but we all know that we have one looming. >> all right. you know what, i think they both could be right. i don't think we have an immediate debt crisis. i like to see more growth, not just debt root canal. oh, my god, i said it. that's, by the way, why the business round table of american ceos is pushing hard for a lower, more competitive, more pro-growth 25% corporate tax rate. so let's talk about this. steve forbes, judd gregg, jared
palestinians will prosper and can channel their extraordinary energies and entrepreneurship in more positive wayes with a resolution to this issue. the entire region i think will be healthier with a resolution to the issue. so i will keep making that argument. and i will admit that, you know, frankly, sometimes it would be easier not to make the argument. and to avoid the question. precisely becausity's hard. that's not the approach i've tried to take. and there have probably been times when i made statement about what i think needs to happen, the way it get filtered through our press, it may be interpreted in ways that get israelis nervous just like there are folks back home that sometimes get nervous about areas where they aren't sure exactly where i stand on things. that's why i like the opportunity to talk directly to you guys. hopefully you will show the live film as opposed to the edited version. with that, i think you've got four questions to answer, bb. >> i think that there's a misunderstanding about time. if iran decides to go for a nuclear weapon, that is to actually manufacture t
aid, whether it be in the form of bank aid, energy assets or indeed an extension to the loan they already have, a 2.5 billion euro loan. i've got a feeling a lot of the action will happen in the next 24 hours. back to you. >> i think you're probably right, steve. thank you very much. >>> well, all of this, of course, has the people of cyprus extremely upset. they have taken to the streets protesting in front of parliament. and that is where we find our michelle caruso-cabrera. she's following the story from the cyprus standpoint. michelle? >> reporter: yes, hi there, sue. about 100 meters that way or where you see all the prote protesters, they gathered a couple hours ago. they learned that the bank is going to be shut down, one of the two insolvent banks here in cyprus, one of the measures they're going to likely have to take in order to secure a bailout. behind me is the parliament. inside we understand that they are going to pass a law that gives the central bank the right to shut down banks in this country. they didn't have the right to do that before. if you don't unders
offshore energy reserves which you will be able to exploit. that's an asset. >> that's what russia is -- what i understand is happening in negotiations is that's what they're asking for. they want access to that. >> come up with a deal quietly. that is the essence of no matter what esb does it's impossible to get europe growing economically because we make decisions that don't make sense. >> did you see how -- where was sedgwick? was he is russia? we had them arguing. we can do cool stuff. satellite stuff. there was some overlap. it's not easy to do that. now we'll go to kelly evans who i never talk to about whether you went to paris. i don't want to digress. you were thinking about that. did you take the plunge? >> joe, i go this weekend. yes. i'll report back monday and let you know what i think. i haven't been. i'll let you know. in the meantime, i just want to go back to the point about who was in the room thinking this would be a good idea to tax deposits in cyprus. it's actually the cypriots themselves here. they have a $2.5 billion loan already with the russians. they are th
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